Ceder Company has compiled the following data for the upcoming year: Sales are expected to be 15,000 units at $41.00 each. Each unit requires 2 pounds of direct materials at $2.00 per pound. Each unit requires 1.5 hours of direct labor at $15.00 per hour. Manufacturing overhead is $3.00 per unit. Beginning direct materials inventory is $3,500.00 Ending direct materials inventory is $4,100.00 Selling and administrative costs totaled $135,870.00. Required: 1. Determine Ceder's budgeted cost of goods sold. 2. Complete Ceder's budgeted income statement Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete Ceder's budgeted income statement. CEDER CORP. Budgeted Income Statement Required 1 Required 2 Determine Ceder's budgeted cost of goods sold. Budgeted Cost of Goods Sold